Fanatics Acquires Italian Sports Retailer EPI
Fanatics acquired EPI, a Milan-based company that operates e-commerce and brick-and-mortar stores for Italian soccer clubs and the NBA. Fanatics will also acquire The Pitch Football Store, a football specialist omnichannel retailer.
Apparel Brands Acquires Nicce
Apparel Brands Ltd., the licensed owner of Seafolly and Ed Hardy, acquired East-London-based streetwear brand Nicce, a creator of minimalist streetwear designs.
Moody’s: Fanatics Collectibles Posts $950 Million In 2022 Sales
Moody’s Investors Service assigned first-time ratings to Fanatics Collectibles Intermediate Holdco, Inc. while noting that the company’s revenue for the year ended December 31, 2022, exceeded $950 million.
TenPoint Crossbow Technologies Promotes Flaherty To Marketing Director
TenPoint Crossbow Technologies promoted Brian Flaherty to director of marketing. He joined the company in 2009, having previously worked in sales and marketing roles, most recently as marketing manager.
NICS Checks Slide In March
The March 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1.56 million represented a decline of 6.8 percent compared to the March 2022 NSSF-adjusted NICS figure of 1.67 million.
Rapala VMC Appoints Three Company Vets To Top Leadership Positions
The Board of Directors of Rapala VMC Corp. appointed Lars Ollberg as president and CEO, Cyrille Viellard as deputy CEO and Jean-Philippe Nicolle as CFO. Victor Skvortsov, EVP and head of Russian distribution resigned, effective immediately.
Steiner Optics Hires Firearms Industry Vet As National Sales Manager
Steiner Optics hired Dave Pasienski as the national sales manager, bringing nearly two decades of industry experience to the position.
Survey: Gen Z Still Prefers Nike, Chick-Fil-A and Goldfish; Off-Price Gets More Attention
Investment bank Piper Sandler Companies completed its 45th semi-annual Taking Stock With Teens survey in partnership with Deca. The Piper Sandler survey highlights discretionary spending trends and brand preferences from 5,690 teens across 47 U.S. states with an average age of 16.2 years.
Chums Adds To Team Of Independent Sales Reps
Chums continues to focus on growing its specialty retail business, expanding its rep force to include Rocky Mountain Rep Group, Rep Monsters and independent sales rep Allen Breeding.
Hydrow Adds Board Director, Hires SVP Of Marketing And Sales
Hydrow appointed Laura Lang to its board of directors, and Diana Cino was named senior vice president of marketing and sales.
KT Tape Rebrands To KT
KT Tape has shortened its name to KT as part of a rebrand that features a new logo, visual identity, packaging, website, and the launch of its brand campaign, “Crush Every Moment.”
Bealls Rebrands Retail Portfolio
Bealls, Inc. reported that its 600 Bealls Outlet and Burkes Outlet locations in 23 states are consolidating under one name to become bealls (with a lowercase “b”).
Marucci Sports Acquires Baum Bat
Marucci Sports, LLC, a subsidiary of Compass Diversified, acquired Baum Enterprises, LLC, a designer and manufacturer of composite wood bats. Terms were not disclosed.
Open Cycle Recalls Certain Branded Bikes And Framesets
Open Cycle AG recalled Open Cycle-branded bicycles, models U.P. Ekar, Upper Ekar, Wide Ekar, Mind Ekar, and all Open Cycle framesets using a Campagnolo hydraulic rear disc brake. The rear brake could fail, posing a crash hazard.
Cannondale Recalls Tesoro Neo X Speed E-Bikes
Cycling Sports Group recalled certain Cannondale Tesoro Neo X Speed e-bikes in cooperation with the U.S. Consumer Product Safety Commission. The hand brakes do not meet U.S. safety standards—they do meet European safety standards, but those are reversed from the U.S. safety standards, posing fall and injury hazards to the riders.
